Common use of No Fractional Units Clause in Contracts

No Fractional Units. No fractional Common Units shall be issued or delivered pursuant to this Award Agreement, and the Committee shall determine whether cash, other securities or other property shall be paid or transferred in lieu of any fractional Common Units or whether such fractional Common Units or any rights thereto shall be canceled, terminated or otherwise eliminated.

Appears in 13 contracts

Samples: Inducement Award Agreement, Inducement Award Agreement (Constellation Energy Partners LLC), Inducement Award Agreement (Constellation Energy Partners LLC)

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No Fractional Units. No fractional Common Units shall be issued or delivered pursuant to this Award Agreementthe Plan or any Award, and the Committee shall determine whether cash, other securities or other property shall be paid or transferred in lieu of any fractional Common Units or whether such fractional Common Units or any rights thereto shall be canceled, terminated or otherwise eliminated.

Appears in 5 contracts

Samples: Award Agreement (Marathon Petroleum Corp), Retention Agreement (MPLX Lp), Retention Agreement (MPLX Lp)

No Fractional Units. No fractional Common Units shall be issued or delivered pursuant to this Award Agreementthe Plan or any Award, and the Committee shall determine whether cash, other securities securities, or other property shall be paid or transferred in lieu of any fractional Common Units or whether such fractional Common Units or any rights thereto shall be canceled, terminated terminated, or otherwise eliminated.

Appears in 4 contracts

Samples: Energy Transfer LP, Energy Transfer Partners, L.P., Option Agreement (Linn Energy, LLC)

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No Fractional Units. No fractional Common Units shall be issued or delivered pursuant to this Award Agreement, and the Committee shall determine in its sole discretion whether cash, other securities securities, or other property shall be paid or transferred in lieu of any fractional Common Units or whether such fractional Common Units or any rights thereto shall be canceled, terminated terminated, or otherwise eliminatedeliminated with or without consideration.

Appears in 2 contracts

Samples: Phantom Unit Award Agreement (Hi-Crush Partners LP), Phantom Unit Award Agreement (Hi-Crush Partners LP)

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